Green Field Energy Services Achieves Industry Milestone by Using 100% LNG to Power Hydraulic Fracturing Pumps
LAFAYETTE, La., April 17, 2013 /PRNewswire/ — Green Field Energy Services, Inc. (CUSIP Nos.: 39304K AA4; U39065 AA2; and 39304K AB2) today announced that it has successfully completed more than 60 fracturing stages using pumps that were powered exclusively by liquefied natural gas (LNG). The hydraulic fracturing was conducted on a series of wells located in the Eagle Ford Shale play in South Texas, and is the first time in history that 100% liquefied natural gas was utilized as the only fuel source.
Rick Fontova, President of Green Field Energy Services, stated, “We continue to push the envelope in the use of gas as a fuel source in pressure pumping. This application is yet another step closer to our soon-to-be-realized vision of using field gas to power our Turbine Frac Pumps. This is further proof that Green Field’s Multi+Fuel(TM) technology represents the most versatile pumping equipment in the industry, and positions Green Field as a leader in enabling the use of Natural Gas as a fuel source in Hydraulic Fracking.”
Green Field had up to four Turbine Fracturing Pump (TFP) units operating during each frac stage, and each TFP consistently pumped five barrels per minute at a pressure of 7,500 pounds per square inch. This achievement, along with other past firsts met by Green Field, further establishes the company as the pioneer in the use of clean pumping technology in hydraulic fracturing.
About Green Field Energy Services
Green Field is an independent oilfield services company that provides a wide range of services to oil and natural gas drilling and production companies to help develop and enhance the production of hydrocarbons. It became the first company to provide hydraulic fracturing services utilizing turbine-powered pumping equipment and is the only fracturing services provider using turbine driven fracturing pumps that have the capability of operating on 100% natural gas.
CONTACTS: Green Field Energy Services, Inc. Andrew Ward 337-706-1700 Dennard ? Lascar Associates Ken Dennard / Ben Burnham 713-529-6600
SOURCE Green Field Energy Services, Inc.